Last 24 Hours
$625,480
NAL Estimated Property Value340 Island Drive, Murchison, TX, 75778
Off Market
— Beds
— Bath
2,168 Sq Ft
Unimproved LandHighlights
Interior
Bedrooms —
Bathrooms —
Garage AvailableExterior
Lot Size18,295 sqft
Building Information
Year Built2023
Garage Spaces4
Land Information
APN066.2110.0000.0008.0000
Lot Number8
Land UseResidential
Legal DescriptionACRES: 0.420 BLK: LOT: 8 ADDN: CALLENDER LAKE VIII ISLAND
Census Tract950901
Assessed Land Value$163,290
Assessed Improvement Value$462,190
Assessment Year2025
About this property
Rare waterfront find in the gated community of Callender Lake. Wide open water, beautiful trees, & best of all, this 0.420 acre lot is on the island. The sheet-pile steel retaining wall is already in place along with a boat dock. This gorgeous lot is just waiting for you to build your dream home or vacation home as you shelter in place!
Investor Tools
$625,480
Estimated Property Value
$191,195Estimated Mortgage Balance
$434,285Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,753 /month
Positive
Cash Flow Estimate:
$1,251 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
$75/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,601
$625,480
2025
$163,290
$462,190
$625,480
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,601
$625,480
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Building Or Construction Loan
$200,000
No
First
Apr 21, 2023
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,195
$434,285
69%
31%
$1,136/mo
12.4%